Canadian Solar says its new SolBank 3.0 grid-scale battery supports up to 2.35 MW/5 MWh of grid-scale renewable energy storage and dispatch.

A report from Ernst & Young (EY) shows that despite inflationary pressures, solar remains the cheapest source of new-build electricity. The global weighted average levelized cost of electricity (LCOE) for PV is now 29% lower than the cheapest fossil fuel alternative.

GCube Insurance says that hail damage accounts for less than 2% of filed claims but constitutes more than 50% of total costs for solar facility loss claims.

The US Department of the Treasury has received about 8 GW of proposals for new solar and wind projects, while about 1.8 GW are available for 2023 tax credits.

The California Public Utilities Commission (CPUC) has prohibited the use of battery-tied solar exports to offset delivery charges, following its decision to slash the value of standalone solar exports in order to encourage the pairing of systems with battery storage.

Over 17,000 layoffs have occurred, representing 22% of the industry. More job losses are expected.

Hail losses in the United States exceeded $1 billion in 2021.

Section 48 guidance has been released, updating the requirements for the ITC under the Inflation Reduction Act.

The Gila River Indian Community says it has broken ground on a solar array that will cover an irrigation canal south of Phoenix, Arizona.

Enphase’s new IQ8-3P solar microinverter offers peak power output of up to 480 W.